Answered! Using simple linear regression and given that the price per cup is $1.80, the forecasted demand for mocha latee…

Using simple linear regression and given that the price per cup is $1.80, the forecasted demand for mocha latee coffees will be ______ cups.

Price Number Sold
2.60 770
3.60 515
2.10 990
4.10 250
3.00 315
4.00 475

Expert Answer

 

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